Webinar Recap: How To Trade In a Bear Market
During last week’s option trading webinar, we talked a lot about the extreme volatility that had taken over the market, volatility that continued to rear its head this week. Well, guess what? We are now in a bear market, so we turned our discussion to the question that is on everyone’s mind: How to trade in a bear market?
We also talked about some of the indicators; the oscillators are flashing overbought short term readings, but others are longer term bearish. Make no mistake, volatility is alive and well, and we should expect some crazy action over the next several weeks. Keeping our powder dry and taking trades where the charts are showing us the way is the best way to proceed.
I also spent time analyzing charts based on the names our audience was interested in, including: BABA, AAPL, WYNN, APC, BWLD and SUNE.
This Week’s Bear Market Action
Stocks are in heavy distribution, volume has been elevated, and we have officially entered a seasonally weak period. In addition, the indicators are all pointing in one direction – towards bearish territory. The VIX remains elevated, the futures curve continues to rise sharply each day, and put/calls are racing higher.
This is a dangerous environment. Be careful playing it both ways.
Watch Bob Lang’s Options Trading Webinar
Watch the webinar to learn how to trade in a bear market.
If you love the insights you gained in this webinar, don’t miss your chance to join us live. Each week I host a FREE options trading webinar during to discuss recent market action, current plays and charts of interest, along with the trends that may affect future action. Join us live and get your chance to ask your own trading questions!
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